Technical analysis by POLARMARKET about Symbol BTC on 8/31/2025

Why: Ichimoku: Price below Kumo, Tenkan < Kijun, future cloud down, Chikou below price → downside momentum. Pullback into Drop-Base-Drop Supply / Bearish OB at 110.8k–111.6k + former support (109.8k–110.2k) → resistance (structure retest). Weak rebound with small bodies/upper wicks = bear flag after the 30th dump; 28th move was a fakeout into new supply. Key Levels Resistance: 109.8k–110.8k (OB + Tenkan/Kijun), 111.6k (Kumo underside; invalidation). Support: 108.6k → 107.2k → 105.8k. Reason: Retest of OB/Supply under Kumo (continuation). Flip Long (only if invalidated): BUY only on clean H1/H4 close & retest above 111.6k → 112.8k / 114.0k targets; SL 110.8k.